Terex Moves Cranes Businesses

Terex Corp. said that its Tower and Rough Terrain Cranes businesses are now part of the company’s Materials Processing (MP) segment. Marco Gentilini, vice president and general manager of the Tower and Rough Terrain Cranes businesses, respectively based in Fontanafredda and Crespellano, Italy, now reports to Kieran Hegarty, president of Materials Processing. The changes were effective January 1, 2020.

Last summer, Terex announced plans to align all of its business operations within two business segments, Aerial Work Platforms based in Redmond, Wash. and Materials Processing based in Dungannon, Northern Ireland. The alignment of the Tower and Rough Terrain Cranes into MP completes the transformation of Terex into a two-segment organization.

“Like our other MP businesses, Tower and Rough Terrain Cranes utilize distinct channels in their markets and will be a great addition to our portfolio,” Hegarty said. “We plan to support their continued growth with investment in new products and global sales and marketing.”

Related Articles

The March Truck Numbers
Exclusive: How Is China’s Construction Equipment Sector Recovering?
Pandemic’s Deep Impact Revealed
JCB To Make Ventilator Housings
“Suspend Emissions’ Deadline”
Cummins Makes Second Investment In Loop
Miss Us? Get DP Wherever You Are
Kubota Expands In India

Magazine Issue Archive

Diesel Progress – April 2020
Diesel Progress International March-April 2020
Diesel Progress – March 2020
Diesel Progress – February 2020
Diesel Progress International January – February 2020
Diesel Progress – January 2020
Diesel Progress – December 2019
Diesel Progress International November-December 2019
Diesel Progress – November 2019
Diesel Progress – October 2019

Login

Forgotten Password?

Haven’t got an account? Click here to register.